Saturday, 27 December 2014
Last updated 2 days ago
Feb 3 2011 | 1:24pm ET
Tennessee-based hedge fund Courage Capital Management has launch a short-biased hedge fund, following its launch last year of a long/short strategy.
The distressed specialist, which has $600 million in assets under management, launched its Short Opportunity Fund last month. The new vehicle is managed by Brad Weeks and James Hughes, who joined Courage last year from Ergates Capital Management.
Weeks and Hughes are also at the helm of the Long/Short Opportunity Fund, which debuted in November. The two U.S. stock funds currently manage $25 million in advance of their opening to worldwide investors during this quarter, HFMWeek reports.
Last year, Courage launched its Credit Opportunities Fund.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.